5400 Lebanon Ave, Philadelphia, PA 19131

$499,900
2,976
SqFt

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List Price
$499,900
Days on Market
9
Status
ACTIVE
MLS#
PAPH2653456
Living Area
2,976
Style
Traditional
Year Built
1920
County
Philadelphia
School District
Philadelphia City

Property Description

Exceptional investment opportunity! This legally zoned fourplex is being offered fully vacant, providing the flexibility to set your own rents or occupy a unit while generating income from the others. The building consists of one spacious 2-bedroom apartment, one 1-bedroom apartment featuring a private balcony, and two studio apartments. Located in the desirable 19131 zip code, the property offers strong rental income potential. The 2-bedroom unit offers potential rents of $1,400+/month, the 1-bedroom unit approximately $1,290+/month, and studio units $1,000+/month. Rental amounts are estimates based on current market conditions; buyer to independently verify rents and rental potential. This property may be purchased individually or as part of a package with the neighboring duplex at 5402 Lebanon Ave, creating an outstanding opportunity to expand your investment portfolio. It is conveniently located near City Avenue, public transportation, shopping, major highways, and universities. Strong income potential, recent updates, and a fully vacant building make this a rare opportunity—prepare your offer today! Buyer responsible for verifying zoning, rental rates, and all property information.

Additional Information

Area
19131 (19131)
Subdivision
Wynnefield
Taxes
$3859
School District
Philadelphia City
Heating
Radiator
Heating Fuel
Natural Gas, Electric
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Real Estate Bosses. Contact: 2157013181